I am in the process of obtaining a HELOC on my primary, with plans to buy some rentals. I've been doing a lot of research on how to pay down the HELOC faster using it as a checking, and have some questions as things a...
If you are just starting out I suggest you don't fall into the cash flow trap. What is the cash flow trap? It starts with a picture of a guy with abs on a beach sipping a light beer next to a beautiful woman. Then a...
So Im going to assume this has been asked a million times, but I was just struggling to figure out the ARV and the costs.I have knowledge on what and how much X should cost and stuff, but when people explain calculat...
Hey Folks,
I thought it would be interesting to share what book you are currently reading (or have just finished reading.)
It does not need to be real estate related.
If you want to share more inf...
If you were to make $20K on a real estate transaction would you use it to pay down existing debt such as a car loan or credit card debt, reinvest it into another deal, or a combination of both?
And Obama just vetoed a bill that would make it easier for banks to foreclose. Can anyone out there tell me a story about someone that has been paying there mortgage and was accidentally foreclosed on?????? ...
BP,I live in the San Diego area and I'm looking to invest in cash-flowing rental properties. However, in San Diego, it seems nearly impossible to find a property that will cash-flow without a huge percentage down, and...
Hello BP Community! I am considering investing in both residential multifamily properties as well as some 5-15 unit complexes. Do I need an LLC when moving forward with a commercial property in that unit range, or is ...
I always wanted to do a "deal diary" and now I have the chance to do one! This will be my 13th property acquisition and so I'm hoping to make it lucky number 13!A 3-bedroom, 1.5 bathroom 1,054 square foot townhouse c...
Happy Friday! As I go through screening potential renters for my unit, I'm intrigued by all the horror stories I hear. My previous tenants were great, always paid on time and took care of the property. They were less ...